PAGIBIG Housing Loan Tips

The advantages of getting a house thru Pag-IBIG Housing loan is that it has the longest loan term in all of the available financing schemes (upto a maximum if 30yrs) and it has the lowest interest rates (as low as 6% per annum upto a maximum of 11.5% per year).

This is the main reason why most people who wants to buy a house would like to take advantage of this privilege. Almost all employees automatically become members of HDMF (Home Development and Mutual Fund) and they are the ones eligible to loan thru Pag-IBIG Housing Loan. However, not all are members of the Pag-IBIG Fund at the moment and so there are questions needed to be answered for them to know their options. Self employed individuals sometimes would also like to take advantage of this financing option. Where do they need to go? What do they need to do?

Here are the answers for the frequently asked questions (FAQs) posted by the guys from the Pag-IBIG Financing Blog (


FAQ — Frequently Asked Questions On Pag-IBIG Housing Loan, Financing And Membership


Over the past couple of months we have launched this website on Pag-IBIG Financing, we have been bombarded with questions from Pag-IBIG Members and Overseas Filipinos Workers. The questions most commonly revolved around three categories, namely:

  • Pag-IBIG Membership — How to be a member, Branches overseas, status of membership, ID Number, etc.
  • Housing Loan — Loan application process, when to avail, how much, etc
  • Pag-IBIG Overseas Program (POP) — a lot of website visitors are Filipinos based in other countries and they have a lot of questions on about POP.

This is to be expected. And as the website grows, this Frequently Asked Questions Page is expected to grow in response to the most pressing questions we receive from website visitors.
In this page, we try to collate all of these common and repeating questions and provide the best answers possible with reference to other articles already written.
We hope that this page will be your first stop for any new visitor on this website.
However, if you think you have a question that is not answered here, don’t hesitate to send us your questions using the contact page. Be detailed with your questions and asked only those that are related to Pag-IBIG Financing. And please allow us enough time to get back to you.

Questions On Pag-IBIG Membership

1. How can I become a member of the Pag-IBIG Fund?
If you are working as an employee in the Philippines, your employer should take care of this on your behalf. Companies are required by the Philippine government to have their employees contribute to the Pag-IBIG Fund.
Voluntary membership is also open to self-employed individuals and even those who are out of the job market. Please check this article for details.
OFW’s who wish to become members should consultant the section below on the Pag-IBIG Overseas Program.
2. What is my Pag-IBIG Number?
It is unfortunate that Pag-IBIG Fund doesn’t issue a Pag-IBIG ID to all its members. However, you can still get your Pag-IBIG Number by simply requesting for a hard copy of your contributions.
3. I have been working with different employers throughout my career, what will happen to all of my previous contributions and my current one with the present employer? Is there a way to merge them?
Yes, they can be merged since all of those are under your name. If this is your case, it is important that you request a print-out of all your contributions just to be sure.
4. I used to work in the Philippines, but now I am already working abroad. What will happen to my contributions? Can I still be a member?
Your contributions also serve as your savings and you can claim them when it reaches maturity. You may continue contributing even if you are already and OFW. The other option is for you to avail of the Pag-IBIG Overseas Program.
5. Can I apply online to become a member?
No, there is no such facility as of the moment. If you are employed in the Philippines, your employer should take care of that.

Questions On Pag-IBIG Housing Loan / Financing

1. Can I get a housing loan?
Important notes to remember for those who wish to apply for Pag-IBIG Housing Loan:

  • You must be at least 24 months member. (See paragraph below.)
  • You must not have any outstanding Pag-IBIG Housing Loan. That is, all your mortgages must be fully paid.
  • Check your age: You must be younger than 70 years old at loan maturity.
  • You must be an active member and of good standing (no existing multi-purpose loan in arrears)

In the past, you can apply for a loan even if it is your first time to contribute to the Pag-IBIG Fund by simply paying a one-time payment equivalent to 24 monthly contributions. The rules have already changed. Effective July 1, 2010, this is not allowed any more you have to be at least a paying member for at least 24 months — no one-time payment.
For details, please read this article on the Basics of Pag-IBIG Housing Loan.
2.Can I use Pag-IBIG Loan to purchase a lot-only property?
Sure! In fact, you can also use it to finance your house construction or for house improvement.
3. Can I use Pag-IBIG Housing Loan to repair my house?
Yes that’s possible. But make sure the land title is in your name or the name of the Pag-IBIG Fund member.
The article on Pag-IBIG Housing Loan 101 will show you the many other types of real estate projects where Pag-IBIG Housing Loan can be used. Please take time to read it.
4. Can I pay 24 months contribution at one time so that I can immediately apply for a real estate loan?
This used to be the case, but effective July 1, 2010, the rules have changed and for the better. In other words, for members to be able to even qualify to apply for a housing loan, he must be a member for at least 24 months.

Questions On Pag-IBIG Overseas Program (POP) for Filipinos Based Abroad

1. Is there a Pag-IBIG Office in my country?
There are a lot of Filipino Overseas Workers scattered all over the globe. Unfortunately, Pag-IBIG cannot simply install an office in every country where there are Filipinos.
Some countries do have Pag-IBIG branch, partner establishment, or satellite office. Please check the Pag-IBIG Overseas Program Directory page to know if one is available in your host country.
2. I use to work in the Philippines, but I am now and OFW. What happens to my previous contributions? Can it be combined with my Pag-IBIG Overseas Program contributions?
Your contributions while you are here in the Philippines an as employee belong to Pag-IBIG I. You can continue with it and contribute still or just leave it to earn dividend. In any case, you can claim that money plus all other dividends it earned when it matures.
On the other hand, the Pag-IBIG Overseas Program is different from Pag-IBIG I and is applicable to overseas Filipino

Thanks to Pag-IBIG Financing, buying a house here in the Philippines can be more affordable!


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